Active
2 Days on market
23 Stone Ave. Winchester — Photo 1 of 35

23 Stone Ave. Winchester — Photo 1 of 35

$1,000,000

Investment Analysis — 23 Stone Ave.

Winchester, MA 01890

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01890 carries an estimated $3,730/mo in gross rent — about a 2.22% cap rate and $22,172/yr in estimated NOI at the $1,000,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,908

Style

Single Family

Built

1928

Storybook charm meets relaxed, easy living in this inviting Winchester Colonial, ideally located near the natural beauty of the Fells Reservation, Muraco Elementary, and convenient commuter routes. Set on a lovely lot with mature plantings, the property offers a private-feeling outdoor setting, a detached two-car garage, and pretty, original architectural details throughout. Inside, natural light fills the freshly painted interior. The fireplaced living room with wood stove flows seamlessly into the updated kitchen and dining room, creating an easy connection for everyday living and entertaining. The dining room opens to a bright, welcoming sunroom - an ideal spot for morning coffee, reading, or enjoying views of the surrounding yard. Upstairs, two generously sized bedrooms are joined by a third bedroom with a walk-up to additional attic storage, and a charming full bath. The lower level provides even more versatility with a finished bonus room, laundry, plentiful storage and exterior access. Thoughtfully maintained and move-in ready, this home combines timeless architectural character with smart updates and practical spaces designed for today’s lifestyle.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,908 sq ft principal dwelling). Lot size: 5,998 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$1,000,000
Annual Taxes$11,846

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingHot Water, Natural Gas, Wood Stove
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRDB

Property & Lot

Acres0.14
SqFt Lot5,998
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchenBathroom 1
Basement
Family Room
Living Room
Lvl First

22.916666666 x 12.916666666

Wood / Coal / Pellet Stove, Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Sconce, Lighting - Overhead

Dining Room
Lvl First

12.25 x 10.583333333

Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Lighting - Overhead, Beadboard

Kitchen
Lvl First

13.583333333 x 10.583333333

Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula

Family Room
Lvl Basement

19.583333333 x 12.333333333

Closet, Lighting - Overhead

Primary Bedroom
Lvl Second

14.583333333 x 13

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second

15 x 11.5

Bedroom 3
Lvl Second

11.25 x 8.25

Closet, Flooring - Hardwood, Attic Access

Bathroom 1
Lvl First

7.666666666 x 6.5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Dara Singleton

Listing Office: Better Homes and Gardens Real Estate - The Shanahan Group

MLS® Number: 73581744